Has the Introduction of Bookbuilding Increased the Efficiency of China's IPO Pricing?
Book-building is commonly adopted in global primary markets and regarded as the most efficient pricing method for accurate IPO pricing by literatures. China has introduced book-building in 2005 to increase IPO pricing accuracy and the capabilities of domestic institutional investors. However, with t...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2009
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| Online Access: | https://ink.library.smu.edu.sg/etd_coll/19 https://ink.library.smu.edu.sg/cgi/viewcontent.cgi?article=1018&context=etd_coll |
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| Institution: | Singapore Management University |
| Language: | English |